The global share markets are quite volatile, and despite India’s positive mid-to-long term economic outlook, it is not untouched by these choppy waters. A lot of hard-won investor wealth has been eroded in the recent past.
Property developers, who have large commercial property portfolios, are keenly awaiting the government’s clarification on tax issues such as dividend distribution tax (DDT) before floating real estate investment trusts (REITs).
Residential property prices would remain stable next year due to an improvement in demand, said a new report from Fitch Ratings.“Residential property prices should remain resilient in 2016, supported by improving demand,&" the rating firm said.
The slowdown in realty market and almost stagnant sales saw 74 per cent of real estate projects in Gujarat remaining stuck in the financial year 2014-15, stated a recent study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Private equity (PE) in real estate during the first nine months of 2015 (calendar year) stood at Rs 18,300 crore ($2.4 billion), the highest since 2008.This is an increase of 84 per cent over the corresponding period in 2014, signifying the growing